Magis SpA (MIL:MGS) Price-to-Tangible-Book : 2.99 (As of May. 26, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Magis SpA Price-to-Tangible-Book?

As of today (2024-05-26), Magis SpA's share price is €12.20. Magis SpA's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was €4.08. Hence, Magis SpA's Price to Tangible Book Ratio of today is 2.99.

The historical rank and industry rank for Magis SpA's Price-to-Tangible-Book or its related term are showing as below:

MIL:MGS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.65 Med: 2.2 Max: 2.74
Current: 1.85

During the past 4 years, Magis SpA's highest Price to Tangible Book Ratio was 2.74. The lowest was 1.65. And the median was 2.20.

MIL:MGS's Price-to-Tangible-Book is ranked worse than
51.45% of 1485 companies
in the Chemicals industry
Industry Median: 1.8 vs MIL:MGS: 1.85

A closely related ratio is called PB Ratio. As of today, Magis SpA's share price is €12.20. Magis SpA's Book Value per Sharefor the quarter that ended in Dec. 2022 was €4.65. Hence, Magis SpA's P/B Ratio of today is 2.62.

Magis SpA Price-to-Tangible-Book Historical Data

The historical data trend for Magis SpA's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Magis SpA Price-to-Tangible-Book Chart

Magis SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

2.74

1.65

Magis SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	2.74	1.65

Competitive Comparison of Magis SpA's Price-to-Tangible-Book

For the Specialty Chemicals subindustry, Magis SpA's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Magis SpA's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Magis SpA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Magis SpA's Price-to-Tangible-Book falls into.

Magis SpA Price-to-Tangible-Book Calculation

Magis SpA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	12.20	/	4.077
	=	2.99

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Magis SpA Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Magis SpA's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Magis SpA (MIL:MGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Magis SpA (MIL:MGS) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ponte Cerretano, 24, Cerreto Guidi, Florence, ITA, 50050

Website

http://www.magis.it

Magis SpA engages in the production of customized adhesive tapes, packaging products, and closure systems for disposable nappies and adult incontinence products. Its products comprise Bopp tapes, Bopet tapes, Duct tapes, Crepe tapes, and Mopp tapes.

Magis SpA (MIL:MGS) Headlines

No Headlines